Nature of Swaps A swap is an agreement to exchange cash flows at specified future times according to certain specified rules Options, Futures, and Other Derivatives, 5th edition 2002 by John C. Hull

中外定期租船合同 承租人： 地 址： 邮码： 电话： 出租人： 地 址： 邮码： 电话：

二、委托方应提供给顾问方的文件、提供文件的期限以及其他委托方应予协作 的事项： 三、对顾问方完成的技术报告的具体要求： 四、技术情报和资料的保密： 五、顾问方完成技术报告的时间期限： 六、验收、评价方法： 七、报酬及其支付方式、支付时间： 八、违约责任：

Types of Rates Treasury rates LIBOR rates Repo rates Options, Futures, and Other Derivatives, 5th edition@ 2002 by John C. Hull

借款单位 （公章）（负责人章）（经办人章） 借款种类 借款金额（大写） 借款用途 分期借款计划 分期还款计划

Long Short Hedges A long futures hedge is appropriate when you know you will purchase an asset in the future and want to lock in the price A short futures hedge is appropriate when you know you will sell an asset in the future want to lock in the price

Consumption vs Investment Assets Investment assets are assets held by significant numbers of people purely for investment purposes (Examples: gold, silver) Consumption assets are assets held primarily for consumption(Examples: copper, oil)

Futures Contracts Available on a wide range of underlying assets · Exchange traded · Specifications need to be defined: What can be delivered, - Where it can be delivered, When it can be delivered Settled daily Options, Futures, and Other Derivatives,5 5th edition2002 by John.hull

合成及后期处理在三维创作中起着画龙 点睛的作用。同时，也可以让前期效果不好 的作品，在色泽和搭配上有一定的改观，主 要利用是PHOTOSHOP

第一节 分部报告 第二节 中期财务报告